CIBA is pleased to announce that it is supporting the proposal for the establishment of a Transport Analytics Centre of Excellence (TrACE) in Cyprus, through the WIDESPREAD-2017, TEAMING Horizon 2020...

To see the results of the survey conducted by the European Commission, regarding the change of clock between summer and winter time, please follow the link below:- https://www.dw.com/en/eu-to-stop-changing-the-clocks-juncker-pledges/a-45300586 ...

Initiative by the European Commission regarding abolishing the daylight saving time. Take 2 minutes to express your views on the above mentioned subject via the link below:- https://ec.europa.eu/info/consultations/2018-summertime-arrangements_en Make your voice...

Electronic submission of the 2017 Personal Income Tax Returns (T.D.1) for employees and self-employed Further to a recent announcement of the Tax Department of Cyprus, the Taxisnet System (https://taxisnet.mof.gov.cy) is...

The Cyprus International Business Association (CIBA) for the 2nd consequent year collaborated with the Cyprus International Institute of Management (CIIM) to host the Celebrating Women in Business event, which took...

The following Press Release was published in Gold News on 25th April 2018 http://www.goldnews.com.cy/en/people/ciba-appoints-doxia-nikia-as-new-president Cyprus Mail 26th April 2017 http://cyprus-mail.com/2018/04/26/cyprus-international-business-association-appoints-first-female-head/ ...

On 13 March 2018 the ECOFIN Council (composed of the EU-28 Finance Ministers) reached political agreement on a Council Directive amending Directive on administrative cooperation in the field of taxation...

Further extension of the period allowed for submitting applications to settle tax arrears by instalments The Process of Adjustment of Tax Arrears Law 2017 (Law 4(I)/2017) establishes a procedure for...

The Cyprus Tax Department has issued a circular setting out guidance on the new tax residence provisions for individuals introduced by Law No.119(I)/2017. With effect from 1 January 2017 individuals...

The Cyprus International Business Association in collaboration with the Norwegian Business Association Cyprus, organised with great success an event entitled “Limassol port under new management”, with speaker Lazaros Charalambous, the...

On 9 January 2018, the TAX Authority has released Circular 222 which provides the Tax Authority's interpretative guidance on the interaction between holding companies and VAT. In particular, the Circular...

VAT on Immovable Property Update: Circulars on the Implementation Further to the amending VAT legislation (details in our November VAT Newsletter) on building land and immovable property leasing, Cyprus House...

CIIM in collaboration with the Simerini Newspaper is proud to announce 5 Full Scholarships for the following postgraduate programmes: • Master in Business Administration (MBA) • MSc in Human Resources Management and...

The Minister of Health, Dr. George Pamborides, accepted an invitation from the Cyprus International Businesses Association (CIBA) to inform the members regarding the National Healthcare Scheme and the reform thereof. This...

The Cyprus International Businesses Association (CIBA) in collaboration with the Norwegian Business Association Cyprus (NBAC) held an event entitled "Songa Offshore from the ashes to the fire - A Cypriot...

IBSCY Ltd is pleased to announce their new partnership with NetSupport (http://www.netsupportsoftware.com). As from today IBSCY Ltd., are authorized to resell, setup, configure and maintain all software of Netsupport. For one more...

On 27 January 2017 the Cyprus Parliament approved a new law which sets the procedure for settling overdue taxes, including interest and/or penalties arising thereon. The Cyprus government gazetted notification...

The Cyprus International Businesses Association with the support of ICPAC ( The Institute of Certified Public Accountants of Cyprus) invited the Commissioner of Taxation Mr. Yiannis Tsangaris to address the...

FS thanked Philippos Antoniades and Lefkios Papadopoulos for their services to the CIBA Executive Committee and awarded them each with a plaque to commemorate their service on the board. Both Philippos...

CIBA & CIIM ‘Inspiring women in professional life’ The Cyprus International Businesses Association (CIBA) and the Cyprus International Institute of Management (CIIM) organised an event “CELEBRATING WOMEN IN BUSINESS: CHALLENGES...

VAT Obligations - Company Directors’ Liability Summary: The Supreme Court of the Republic of Cyprus has recently released a judgment on the criminal liability of Directors for their companies’ failure...

SOFTimpact LTD., presented the CYBER SECURITY event entitled: HACKING - The silent threat to your business! The event took place on Thursday 23rd February 2017 on the premises of Intership Navigation Co....

Overregulation may damage business in Cyprus by Chris Koufaris To read the full article in Successful Business Magazine, follow the link here below:- https://issuu.com/brochvk.pdf/docs/sb24_issuu_/82 ...

The Norwegian Business Association Cyprus in collaboration with the Cyprus International Businesses Association, organised an event at the Four Seasons Hotel, in Limassol with speaker Tim Dodson the Executive...

The Council of Ministers approved on September 13 the revised scheme for granting Cypriot citizenship to non–Cypriot entrepreneurs/ investors. In statements to the press on September 14, Minister of Finance...

ESA Open Invitation To Tender - AO8770 Title: FIRST CALL FOR OUTLINE PROPOSALS UNDER THE PLAN FOR EUROPEAN COOPERATING STATES (PECS) IN CYPRUS Open Date: 19/09/2016 Closing Date: 11/11/2016 13:00:00...

On 27 April 2016 the Ministry of Finance of Cyprus announced its intention to amend the legislative framework in Cyprus in relation to Country-by-Country Reporting following the draft European Union...

On 16 December 2015, the House of Representatives enacted into laws a number of significant tax law amendments regarding loan restructurings, which were published in the Official Cyprus Government Gazette...